What is a Search Fund?
Search Funds provide a route to entrepreneurship for ambitious individuals who possess the necessary skills for entrepreneurship, but recognises the benefits of focusing their journey on acquiring an existing, established business that they can grow, rather than starting from scratch. The searcher seeks commitment and capital from a pool of investors to fund the search phase where they identify an SME to acquire.
Once identified and terms have been agreed, the searcher will typically need to source a debt package to sit alongside their equity funding to finance their purchase. They’ll then operate the business as CEO, backed by the existing management team to accelerate its growth. The searcher benefits from performance linked equity and a CEO or Executive position in the acquired entity. They also build their career in entrepreneurship with the support and backing of experienced investors.
What are the benefits of Search Funds?
Funding for Search Funds at a glance
Our funding is available for UK based Limited companies operated by a high-calibre searcher, seeking debt finance as a component of their funding mix to support the acquisition of a cash generative SME.
What we look for in a Search deal
As a leading provider of debt finance in the Search Fund space in the UK, we’re uniquely positioned to support high-calibre searchers in their journey to entrepreneurship through acquisition.
Releasing value on your assets
Unlock the value tied up in paper and hard assets
For businesses with substantial capital tied up in their balance sheet, our Asset Based Lending proposition can unlock that value to provide both strategic capital and on-going financial headroom to support pivotal events.
Working with capital
Utilising cashflow to fund significant business milestones
A senior debt product designed for established businesses requiring funding for growth, an acquisition, change of ownership or other general corporate purpose. Loan size is determined by a multiple of EBITDA (Earnings Before Interest Tax Depreciation and Amortisation) or vacant possession value of an owner-occupied commercial property, with repayments coming from future cashflows of the business.
Bespoke senior debt solutions
For businesses we can deliver a holistic financing package combining the best of event driven term debt with the flexibility of working capital solutions.
Adviser or Business Introducer?
We work with a range of corporate debt advisers, accountants, lawyers, and other knowledge based introducers to find solutions for their clients.
If your business is introducing clients to the right partners and we haven't spoken before, we understand that a conversation is just the start.
Supporting the businesses you support
Explore our funding solutions for Private Equity investors supporting UK mid-market SMEs.